| Product Code: ETC4574210 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria In-Wheel Motor Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria In-Wheel Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria In-Wheel Motor Market - Industry Life Cycle |
3.4 Nigeria In-Wheel Motor Market - Porter's Five Forces |
3.5 Nigeria In-Wheel Motor Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.6 Nigeria In-Wheel Motor Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Nigeria In-Wheel Motor Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.8 Nigeria In-Wheel Motor Market Revenues & Volume Share, By Cooling Type, 2021 & 2031F |
3.9 Nigeria In-Wheel Motor Market Revenues & Volume Share, By Power Output Type, 2021 & 2031F |
3.10 Nigeria In-Wheel Motor Market Revenues & Volume Share, By Vehicle Class, 2021 & 2031F |
3.11 Nigeria In-Wheel Motor Market Revenues & Volume Share, By Motor Weight, 2021 & 2031F |
4 Nigeria In-Wheel Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Nigeria |
4.2.2 Government initiatives and incentives to promote sustainable transportation solutions |
4.2.3 Rising fuel prices leading to the adoption of more energy-efficient vehicles |
4.3 Market Restraints |
4.3.1 Lack of charging infrastructure for electric vehicles in Nigeria |
4.3.2 High initial costs associated with in-wheel motor technology |
4.3.3 Limited consumer awareness and education about the benefits of in-wheel motors |
5 Nigeria In-Wheel Motor Market Trends |
6 Nigeria In-Wheel Motor Market, By Types |
6.1 Nigeria In-Wheel Motor Market, By Propulsion |
6.1.1 Overview and Analysis |
6.1.2 Nigeria In-Wheel Motor Market Revenues & Volume, By Propulsion, 2021 - 2031F |
6.1.3 Nigeria In-Wheel Motor Market Revenues & Volume, By BEV, 2021 - 2031F |
6.1.4 Nigeria In-Wheel Motor Market Revenues & Volume, By FCEV, 2021 - 2031F |
6.1.5 Nigeria In-Wheel Motor Market Revenues & Volume, By HEV, 2021 - 2031F |
6.1.6 Nigeria In-Wheel Motor Market Revenues & Volume, By PHEV, 2021 - 2031F |
6.2 Nigeria In-Wheel Motor Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria In-Wheel Motor Market Revenues & Volume, By Passenger Car, 2021 - 2031F |
6.2.3 Nigeria In-Wheel Motor Market Revenues & Volume, By Commercial Vehicle, 2021 - 2031F |
6.3 Nigeria In-Wheel Motor Market, By Motor Type |
6.3.1 Overview and Analysis |
6.3.2 Nigeria In-Wheel Motor Market Revenues & Volume, By Axial Flux Motor, 2021 - 2031F |
6.3.3 Nigeria In-Wheel Motor Market Revenues & Volume, By Radial Flux Motor, 2021 - 2031F |
6.4 Nigeria In-Wheel Motor Market, By Cooling Type |
6.4.1 Overview and Analysis |
6.4.2 Nigeria In-Wheel Motor Market Revenues & Volume, By Air-cooled, 2021 - 2031F |
6.4.3 Nigeria In-Wheel Motor Market Revenues & Volume, By Liquid-cooled, 2021 - 2031F |
6.5 Nigeria In-Wheel Motor Market, By Power Output Type |
6.5.1 Overview and Analysis |
6.5.2 Nigeria In-Wheel Motor Market Revenues & Volume, By Up to 60 KW, 2021 - 2031F |
6.5.3 Nigeria In-Wheel Motor Market Revenues & Volume, By 60??90 KW, 2021 - 2031F |
6.5.4 Nigeria In-Wheel Motor Market Revenues & Volume, By Above 90 KW, 2021 - 2031F |
6.6 Nigeria In-Wheel Motor Market, By Vehicle Class |
6.6.1 Overview and Analysis |
6.6.2 Nigeria In-Wheel Motor Market Revenues & Volume, By Mid-priced, 2021 - 2031F |
6.6.3 Nigeria In-Wheel Motor Market Revenues & Volume, By Luxury, 2021 - 2031F |
6.7 Nigeria In-Wheel Motor Market, By Motor Weight |
6.7.1 Overview and Analysis |
6.7.2 Nigeria In-Wheel Motor Market Revenues & Volume, By Less than 20 Kg, 2021 - 2031F |
6.7.3 Nigeria In-Wheel Motor Market Revenues & Volume, By 20-30 Kg, 2021 - 2031F |
6.7.4 Nigeria In-Wheel Motor Market Revenues & Volume, By , 2021 - 2031F |
7 Nigeria In-Wheel Motor Market Import-Export Trade Statistics |
7.1 Nigeria In-Wheel Motor Market Export to Major Countries |
7.2 Nigeria In-Wheel Motor Market Imports from Major Countries |
8 Nigeria In-Wheel Motor Market Key Performance Indicators |
8.1 Average battery range of electric vehicles using in-wheel motors in Nigeria |
8.2 Number of public charging stations for electric vehicles in Nigeria |
8.3 Percentage of total vehicles sold in Nigeria that are equipped with in-wheel motors |
9 Nigeria In-Wheel Motor Market - Opportunity Assessment |
9.1 Nigeria In-Wheel Motor Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.2 Nigeria In-Wheel Motor Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Nigeria In-Wheel Motor Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.4 Nigeria In-Wheel Motor Market Opportunity Assessment, By Cooling Type, 2021 & 2031F |
9.5 Nigeria In-Wheel Motor Market Opportunity Assessment, By Power Output Type, 2021 & 2031F |
9.6 Nigeria In-Wheel Motor Market Opportunity Assessment, By Vehicle Class, 2021 & 2031F |
9.7 Nigeria In-Wheel Motor Market Opportunity Assessment, By Motor Weight, 2021 & 2031F |
10 Nigeria In-Wheel Motor Market - Competitive Landscape |
10.1 Nigeria In-Wheel Motor Market Revenue Share, By Companies, 2024 |
10.2 Nigeria In-Wheel Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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